448 N Davidson Street # 1 & 2 Indianapolis, IN
$ 795,000
Property Attributes
  • MLS#21800609
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter NE
  • NeighborhoodNOBLES
  • Zip46202
  • StyleItalianate
  • Year Built1890
  • Taxes$ 6774
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
Scott Armstrong with Armstrong Real Estate Brokerag
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

RARE OPPORTUNITY: Historic Lockerbie building available! This property comes with 2 separate condo units WITH NO HOA bylaws / restrictions that prohibit Airbnb activity -an investors dream property! Live in one and rent the other, or rent out both and enjoy weekly cash flow. This building was converted to 2 condo units in 2003. The sellers are interested in selling the entire building with both units -the individual units are not for sale separately. Unit 1 offers 2 bedrooms and 2 baths. Unit 2 (upper level) offers 3 bedrooms, 3 bathrooms, and a huge bonus room on top floor! Pride of ownership is evident the moment you walk in -high grade finishes. Very few opportunities like this anywhere in Indy with no HOA restrictions - Hurry!

Price History
7/21/2021 Listed $795,000

General Features

Architectural Style Italianate
City Indianapolis
Construction Materials Brick, Wood
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Days on Market 6
Directions New York East of downtown just under the Interstate to Pine - North on Pine (one way) to Michigan - West on Michigan (one way) to building on the SW corner of Davidson & Michigan - parking in front on
Disclosures Not Applicable
MBR_SchoolDistrict Indianapolis Public Schools
New Construction No
Ownerpays NotApplic
Possession Negotiable
Property Attached Y/N Yes
Property SubType 1-4 Units Residential
Property Type Residential Income
Standard Status Active
Status Active
Street Name Davidson
Subdivision Name NOBLES
Tax Year 2020
Tenant Pays NotApplic
Total Units 2
Township Center NE
Unit Number 1 & 2
Year Built 1890

Interior Features

Basement (Y/N) Yes
Street Suffix Street

Exterior Features

Foundation Details Brick, Brick
Lot Size Acres 0.04


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46202

AVG $510K
AVG $3,439
AVG 90
Year Built
AVG 1895
AVG 64
Data Provided by Walkscore ® not using MLS data

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